Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$464,526$464,526$526,500
Remaining term (yrs)26.526.530.0
Secondary amount$0$61,974$0
Funding fee$2,323$2,323$0
Note rate6.420%6.420%7.400%
Blended rate6.420%6.724%7.640%
1st payment$3,035.67$3,035.67$3,645.38
2nd payment$0.00$464.81$0.00
Taxes / mo$256.25$256.25$256.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$105.30
HOA / mo$0.00$0.00$0.00
Total monthly$3,458.58$3,923.39$4,173.59
Cash to close$120,474$58,500$58,500